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^IXIC Indices

Index Symbol Last Change %CHNG
NASDAQ Bank I:BANK 1,566.77 -31.37 -1.96
NASDAQ Biotechnology I:NBI 807.36 -9.30 -1.14
NASDAQ Composite ^IXIC 2,138.44 -37.61 -1.73
NASDAQ Computer I:IXCO 1,085.58 -19.36 -1.75
NASDAQ Financial 100 I:IXF 1,979.13 -9.27 -0.47
NASDAQ Industrial I:INDS 1,651.61 -31.30 -1.86
NASDAQ Insurance I:INSR 3,444.65 -71.68 -2.04
NASDAQ Other Finance I:OFIN 3,478.92 -96.62 -2.70
NASDAQ Telecommunications I:IXTC 206.97 -3.35 -1.59
NASDAQ Transportation I:TRAN 1,813.28 -28.82 -1.56

Latest Market Update


03:23PM 11/27/09

NEW YORK (TheStreet) -- Stocks closed lower Friday after spending a day in the red, as markets absorbed concerns about Dubai's request to delay repayment of debt and investors ditched risky investments.

The Dow Jones Industrial Average closed down by 154.5 points, or 1.5%, to 10,309.9 during Friday's shortened trading session. The S&P 500 lost 19.1 points, or 1.7% to 1091.5 and the Nasdaq was down by 37.6 points, or 1.7%, to 2138.4. Still, the Dow finished the short week up 1.4%, while the S&P 500 added 1.8% and the Nasdaq's tacked on 1.4%.

Dubai's debt issues stole the spotlight in U.S. markets Friday, a day characterized by light trading volumes since markets were closed on Thursday for the Thanksgiving holiday and shut at 1 p.m. on Friday. Trading volume was 50% lower on the Nasdaq, compared to its 10-day average. Volumes for the Dow Jones Industrial Average and the S&P 500 were off by 37% and 44%, respectively, adding to the day's volatility....

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